Crédito Agrícola and Sonae Sierra have joined forces to launch CA Mais Capital, a pan-European open-ended real estate investment fund that strengthens the range of solutions available on the Portuguese market. The new vehicle is the result of a joint venture between the banking group and Sierra IG, SGOIC, S.A., a management company integrated into Sonae Sierra.
The partnership was created with the aim of developing robust, accessible investment solutions tailored to conservative risk profiles, combining Crédito Agrícola's proximity to its customers and solidity with Sonae Sierra's experience and know-how in real estate asset management.
This product is already being marketed and is aimed at private customers, companies and professional investors looking for low-risk products with attractive returns and periodic income distribution.
CA Mais Capital aims to distribute income regularly and is based on a strategy of diversification across different classes of real estate assets and across several European countries, with a particular focus on Portugal, Spain, Italy and Germany. The investment policy favours assets that are considered resilient and diversified in terms of sectors of activity.
The fund's income is distributed every six months, with participants given the option of receiving it in cash or converting it into new Participation Units, without subscription fees.
The fund is aligned with Article 8 of the European Union's Sustainable Finance Disclosure Regulation (SFDR), promoting environmental criteria through investment in energy-efficient assets that use renewable energy.
Sérgio Raposo Frade, Chairman of the Crédito Agrícola Group, stated that "the partnership with Sonae Sierra, which begins with the establishment and marketing of the CA Mais Capital Fund, is another step taken by the Crédito Agrícola Group towards providing its customers and members with investment and savings solutions, typically only available to institutional clients, and seeks to expand the Group's investment fund offering, facilitating the diversification of the investment portfolios of customers and members under the custody of the Crédito Agrícola Group".
Luís Mota Duarte, Deputy CEO and Executive Director of Investment Management at Sonae Sierra, adds that "this partnership uniquely combines the experience of both companies to respond to the evolving needs of the market. It reinforces our strategy of developing differentiated products for the real estate market, while capitalising on our geographical presence in several European countries, our vertically integrated structure and our asset origination and management skills, adding value to Crédito Agrícola Group customers."
